One of the City’s most prominent bankers was fighting to save his reputation
last night after being accused of passing on confidential information about
a client, in breach of financial rules.

Ian Hannam, who became known as the “king of mining” after advising on some of
the biggest flotations in the past two decades, vowed to clear his name
after stepping down from a senior post at JP Morgan Cazenove, having been
fined £450,000 by the Financial Services Authority for market abuse.

Mr Hannam, who last year led a delegation of foreign investors to Afghanistan,
is one of the most